Jeddah , Saudi Arabia
26 Mar 2019
26 May 2019
Job role
1) Corporate Strategy:

The CFO will take the lead role in coordinating the development of a value-maximizing overall corporate strategy for the company.

Ensuring that plans are in place to create maximum value for the company from its current businesses.

- Assessing the value creation potential of plans on an ongoing basis.

- Ensuring that plans focus on key issues by challenging key assumptions and the rationale for changes in performance, and providing external reference points for value creation opportunities (for example, value of the businesses to alternative owners)

- Acting as a sounding board for the CEO and Group Heads on critical proposals.

- Establishing financial measurement standards and developing systems to monitor performance against goals.

Supporting the development of corporate expansion strategies to create additional owners value.

- Developing perspectives on market opportunities in businesses closely related to current businesses.

- Developing perspectives on market opportunities in businesses closely related to current businesses.

- Assessing the company’s skills and assets in place for pursuing opportunities and suggesting programs to build skills to fill gaps.

- Conducting business and financial evaluation of specific proposals.

Planning and executing major transactions required to implement the company’s strategies.

2) Financial Strategy:

The CFO will have responsibility for developing, recommending, and executing an overall financial strategy for the company that supports its business strategies and captures maximum value for its owners.

- Developing and creating capital structure.

- Designing and managing a strategy for communicating the key elements of the company’s plans and performance to (future) investors and the financial community.

- Negotiating and executing all major financial transactions.

3) Budgeting and Management Control:

The CFO will design and implement processes to ensure company’s senior managers have the right information to set goals, make decisions, and monitor performance.

- Coordinating in preparing of short-term budgets.

- Developing key performance measures for each business group.

- Ensuring that business groups have adequate management controls in place.

- Evaluating business-group performance in conjunction with the CEO and Group Heads.

4) Financial Management:

The CFO will ensure the effective and efficient management of financial operations:
- Ensuring that all external reporting and compliance obligations are fulfilled.

- Establishing controls to safeguard the company’s assets.

- Ensuring the integrity and efficiency of cash, receivables, and payables management.

- Filing and paying all tax and Zakat obligations.

- Pursuing opportunities to reduce the company’s tax burden.

- Maintaining strong day-to-day relationships with the company’s banks.